Unemployment steady

THE NUMBER of unemployed in the first quarter of the year reached 30,200, or 7.4 per cent of the workforce, the statistical service said yesterday.

The majority, around 16,000, were men, the service said.

The number of employed people in the first quarter reached 379,700 – with 208,200 being men.

The employment rate for those aged 20 to 64 was 74.7 per cent – 81.3 per cent men and 68.1 per cent women – remaining at the same level as last year’s Q1.

The jobless rate in Q1 was 7.4 per cent with youths aged 15 to 24 constituting 20.7 per cent, the service said.

The Cyprus Mail is the only English-language daily newspaper published in Cyprus. It was established in 1945 and today, with its popular and widely-read website, the Cyprus Mail is among the most trusted news sites in Cyprus. The newspaper is not affiliated with any political parties and has always striven to maintain its independence. Over the past 70-plus years, the Cyprus Mail, with a small dedicated team, has covered momentous events in Cyprus’ modern history, chronicling the last gasps of British colonial rule, Cyprus’ truncated independence, the coup and Turkish invasion, and the decades of negotiations to stitch the divided island back together, plus a myriad of scandals, murders, and human interests stories that capture the island and its -people. Observers describe it as politically conservative.